In a society that relies heavily on queuing to ration goods, which of the following will be true?
Goods will be less equally distributed than in a system of price rationing. The shortages of products will cause consumers to waste time in lines. People will be more motivated by money than in a market economy. Luck and fraud will no longer be important in determining who gets goods and services.
Early economists such as Mill, Ricardo, and Malthus suggested that the solution to poverty was:
for the poor to have fewer children. a tax system to take from the rich to give to the poor. strong labor unions. a rejection of capitalism for socialism.
